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Fly News Breaks for November 21, 2016
ANF
Nov 21, 2016 | 07:13 EDT
As noted earlier, RBC Capital downgraded Abercrombie & Fitch to Underperform from Sector Perform. Analyst Brian Tunick downgraded the stock based on the company's Q3 results and his belief that it faces multiple "top-line challenges, including macro, secular, and brand perception issues." Target to $12 from $20.
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